What fund to purchase?

What is your expected possible returns per year?
What is your can afford to lose % of your capital?

Higher than FD enough.

Unknown to what other criteria you hv or wanted,
Try explore epf, asnb, sspn, mmf, etc

This post has been edited by MUM: May 2 2024, 02:48 PM

fund is not 'confirmed' earning. there are risks and if you don't know the financial market well, you will lose money. i had already lost 5 figures in funds.

Use this to check the fund performance for past 1, 3, 5 years. It needs to be consistent.

https://www.fsmone.com.my/funds/tools/chart-centre

What works last time may not work in the future.

If you ask me what fund to buy and hold for 20-30 years? There is only one fund..

Come I spoon-feed you.
Buy TA global tech. Every month just buy. Don't look at returns. Come back after 20-30 years.

This post has been edited by Ramjade: May 7 2024, 03:28 PM

What's the best way to fund maybank shares?

TnG GoInvest Investival Promo 2024 5% / 8% p.a

this one good or not?

Minimum investment RM200.
but need to hold cash from 1-30 July 2024 to get the profit.

<RM10,000 = 5% p.a
>RM10,001 = 8%


Here’s how much bonus you’ll earn if you deposit:

• RM1,000 = RM4
• RM5,000 = RM21
• RM8,000 = RM33
• RM12,000 = RM79
• RM20,000 = RM132

Promo ends 30th June 2024.

Good diversification. Can also try different asset class.

Using MooMoo and it's very easy to buy and sell. Never tried others before.

2.5 years is too short in terms of UTF investment (doesn't matter from which company you buy from). Usually after 2 years, review and see the overall performance, if needed, switch to a trending fund where they explore into industries that are gaining momentum. But generally, at least 5 years you'll see your annualized gains after consistent investment throughout this period (taking into consideration bearish and bullish markets). If you're looking at it as fast income, then UTF is not for you, better you spend time to learn trading. Use the rule of 72 to calculate how long to double your investments.

MCO time was generally a good time to invest... and yes, markets kept dropping until recently (March 2024 - now)... this is mainly due to the external global issues spoiling everything for everyone from all directions. However, relook into the funds that you have invested into, don't sell yet, might have a solution for recovery. PM me if you want some advice and a review with no strings attached.

AIA PB wealth elite xtra 2 any good review for long-term of ILP

I think you had posted in the wrong thread if you are asking about ILP related to insurance product.

Hi all, I'm a freelancer, basically managing the website / editing part of the job scope for a friend's overseas company.

Let's say that for example every month I have only RM 200-250 of extra money, and I get to choose between putting it in long-term investment like ETF or EPF, which should I go for ? I know it's mandatory for employees to put 11% of their monthly salary into EPF, but as a freelancer, where should I choose to put this extra cash into ? EPF or ETF investments ?

This post has been edited by Sotsotzaii: Sep 3 2024, 06:56 PM

Put in EPF may be eligible for tax relief

So even me being a freelancer, I should make it a habit to put 11% of my monthly salary into EPF consistently ?

Built up your emergency funds 9f around 6 -12 months of monthly required expenses first.
Then only decide where you want to put that extra into.

Regarding the % to save, ...as much as possible but can also no need all onto kwsp. As Money into epf has lock in period.
If you are young, learn to built a portfolio of etfs for your investment portfolio

Ok got it, so in that sense, EPF will be the last option for me, and only to put into EPF if I have extra funds, if not then put aside savings, then ETF investment ( which I am already putting in monthly ) then lastly EPF right ?

I guess it also has to depend on the amount of tax saving you will get.
The amount of less taxes you will pay for that self contribution amount.
(Your tax bracket %).

If the tax saving is not much....and if the risk appetite can take it, ...hentam all into etfs . Ha ha ha

This post has been edited by MUM: Sep 3 2024, 08:37 PM